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Oct 31, 2012 7:00am EDT
and the repeal of obamacare. thank you for tuning in, and i'm confident at the end of this debate i was earned your vote on november 6 to go to washington as your member of congress, fighting for a bright future for our children and grandchildren. thank you. >> let's get right to the question. the first question i have is for the congresswoman. there's a new proposal to build a stadium and complex for the buffalo bills along the city's waterfront which is presented to the council on tuesday. the teams currently at the stadium expires in 2013. you think a downtown stadium after the proposal patient as a viable alternative? hochul: i've been intrigued by the idea. i'm not sure that's going to be the right location. we have to make sure it's get the least sign. certainly when chris collins is county executive is an opportunity put this to bed and resolve the but we are come down to the 11th hour now and we have to make sure that we take care of ensuring that the buffalo bills stay here in west new york. that's priority one. secondly, will have to step up and help them. the stadium is becoming obs
FOX Business
Oct 10, 2012 6:00pm EDT
have you today. "the willis report" is on. speak to a new report shows how much obamacare will cost just iiplement the new rules and regulation. and someone is not telling the truth about mitt romney's tax plan. president obama and harvey rosen the professor is here tonight to set the record and in the president straight. welcome to "the willis report." gerri: hello, everybody, tonight, we began with the with the supreme court where nations justices take on one of the hottest issues out there. abigail fisher and university of texas for rejecting her for being white. joining me now, the former federal prosecutor and kelly stand on, a constitutional law attorney. welcome to you both. fred, i'm going to start with you. you might think that the court should rule in favor of the university of texas, which is fighting to keep these racial preferences. why is that? >> well, i'm not advocating one decision or another. if you look at supreme court questioning going back to 2000 and three race can be a factor in determining admission. in this case, i think for the university of texas, the maj
FOX News
Oct 6, 2012 8:00pm PDT
health care versus obamacare and that was the way he needed to explain it to the electorate. >> paul: jason? >> it was a very substantive debate. he did layout some ideas and some plans and that's a good thing, but i think these debates were also about more than substance, demeanor, presentation and what he managed to do is go up there on the stage, stand next to the president and look more presidential than the man himself. and did he that for 90 minutes and that made it-- >> and looked him right in the eye, was respectful. >> i thought he was better on obama's anniversary than obama was. >> what about this idea you hear from the left a lot, oh, well, the secret to romney's success in the debate was that this was the moderate romney. that he basically repudiated all of his campaign positions and this is of course what the obama campaign is saying. >> is that true? >> well, i think they're allowed to the fact he was able to challenge the president on things thats' claimed he's saying and democrats famously say that republicans want polluted water and slave work-- sweatshops and low w
Oct 7, 2012 11:00pm EDT
obama's louis the 14 side. louis the 14 supposedly said, i am the state. mr. obamacare very close in a press conference to say i am the change. the title is actually from -- a suggestion of my editor and publisher. i had entertained another possibility, which it actually was suggested to be my my friend , namely barack obama, what the hell were we thinking? as opposed to some of my conservative colleagues and friends, i don't think we get very far by labeling the president obama a socialist or by trying to trace his foreign origins or his secret muslim devotions, nor do i say even that we greatly eliminate things by focusing on him as a kind of start world ideologue as my old friend argues in his movie and in two books about obama. at think it is more fair to begin and more useful in the end -- excuse any -- excuse me. to begin by admitting obama is what he calls himself, namely a progressive or liberal. and the rest of the title is on barack obama and the crisis of liberalism. i don't mean by this the kind of crisis that liberals like which is the kind of national emergency that
FOX Business
Oct 20, 2012 2:00am EDT
the bill for that, you may have romne and the show. if you do have romnesia obamacare is free. >> this president has failed america is when. they suffer in terms of getting jobs, falling into porty, a presidency has not helped america's women. gerri: what matters to women? >> having a job would be more useful than free birth control cents wal-mar sells for $9. gerri: $9. $9. sometimes i think thiss from 15. it is not romney who is the fuddy-duddy. >> equal p for equal work has been on the books since 1965. this is crazy with the lilly ledbetter act. those rules were honored with the romney administration in massachusetts. every time they tried to hit them it comes back hitting harder. nowe find out how ntastic he was to promote qualified women women were not paid as well in the obama adminisation were apparently msnbc. [laughter] gerri: i don't know about that. and white house female fers eaned $11,0 less. then christina mer said i felt like a piece of meat in the obama administration. [laughter] >> i should not laugh but it is so preposterous forhe democrats to act like they
Oct 3, 2012 11:00pm EDT
on not favor him, at least not now. other big battle, a huge disagreement over obamacare. >> i just do not know how the president could come into , facing rising unemployment, and economic kitchen table, and his energy and passion for o years fighting obamacare. fighting for obamacare. seen this model work in massachusetts. it is essentially the identical model, and, as a consequence, are covered there. it has not destroy jobs. that for the unemployment being above 8%. finally, the fight with the president could go on attack. is the continued theme that is not offering as far as the civics. >> he ys that he is going to frank, wall street reform. exactly whichknow ones. he will not tell us. -- he says hed replace obamacare. is the reason governor romney is keeping all of these plants is because they are too good? s governor isnce a e in and lay down a legislation and say it the highway, i do not get a lot done. >> not a lot of love lost between these two men tonight. anxious before the next day. get through this in 90 minutes before getting a new argument. democrats are counting to say not provi
Oct 14, 2012 9:30am EDT
obamacare. taking $750 billion out of medicare. that would only cause more job losses. the solution iseinvigoratg our economy. there may be loopholes that are closed. the federal government gets revenues off of federal lands and waters. in virginia, we are ready willing,nd able to provide america with energy. the house plan has some merit but not in all parts. we should not be cutting medicare. it is already having problems in solvency. you have heard the economic experts who say it does not add up. if you do not tackle medicare -- >> you are talking in a broader sense. >> if you do not enhance revenue or tax increases, it does not get us there in terms of decreasing the deficit. >> tax decreases w wouldld be harmful to our econo we need comprehensive tax reform. we need a more simple, fair, closed more lpholes, and have a more competitive tax system for our countr that would create over 500,000 new bs a year. gettining rid of loopholes and making the tax system more fair, i want to work with republicans and democrats to come up with that proach. which tax system will help create th
Oct 5, 2012 8:00pm EDT
'm surprised there's not a program for that in obamacare. well, now at the rnc, we are doing our best to hold the president accountable, and i hope you agree, besides the record money we've spent on tv this year, we have launched over 100 hard-hitting web videos on youtube. in fact, the other day went downstairs and talked to the guy that makes our videos and he told me the one released a couple days ago received over 100,000 hits on youtube. and i thought man, what msnbc do with that kind of viewership. wow, i know current tv is disappointed that they were not one of the three nominees, but grant explained to me that she would actually have to have viewers to be nominated. [laughter] i read recently that brent bozell, obama's campaign spokesperson was on the jennifer granholm show on tv and i wondered if he's on current tv, who is watching current tv? well, it's great to see so many people here tonight. it is a shame that chris mathews couldn't be here with us to see what a large audience looks like, right? [applause] you know, you know maybe we are too hard on good old chris sometimes. i th
FOX Business
Oct 1, 2012 6:00pm EDT
economists are saying. if you think the situation was close. obamacare may be making its way back to the supreme court. welcome to "the willis report." gerri: hello, everybody i'm gerri willis. high-stakes of the first debate has candidates leaving. nothing to chance. president obama and governor romney racing to get in last minute prep before going face-to-face first debate next wednesday in denver that is. what should we expect? let's ask bill kristol, editor of "the weekly standard" and byron york, chief political correspondent for the "washington examiner". welcome to you both. byron, i'll start with you. what does romney have to do to show up roads in here. even voters say they don't expect him to win? >> well the thing, he has to do the same thing he had to do all along which present himself as a good alternative to the president who will take the country in a different direction than the president and can point out the numerous flaws in the president's record. i mean, i wonder whether romney has actually been preparing too much. he has been doing enormous amount of this stu
Oct 4, 2012 6:00am EDT
of obamacare is a mistake. with regards to young people, i have proposals to make sure medicare and social security are there for them. >> it is important for governor romney to present this plan that will only affect people in the future. it will turn medicare into a voucher program. it is called premium support. it is understood to be a voucher program. >> you do not support that? >> i do not. >> that is for future people. >> if you are 54 years old, you may want to listen. this will affect you. the idea was originally presented by congressman ryan, your running mate. we would get a voucher to seniors. -- we would give a venture to seniors. they could go out in the private -- wycombe -- we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher would not necessarily keep up with health-care inflation, this would cost the average senior about $16,000 per -- $6,000 per year. year, but governor romney has said is he will maintain traditional medicare alongside it. there is still a problem. t
FOX Business
Oct 1, 2012 9:00pm EDT
would happen under obamacare, individuals who want to choose their doctor or people who were trying to get insurance, i think he's right. there's a certain defensiveness is true in the "wall street journal" piece. specifics, anecdotes, fax, those are cruial. gerri: rodney knows these people his a baez's have met these people. he meets with real people when he travels around the ountry, people who are afraid of losing their jobs, have losttheir jobs. he has actually seen the suspect. he is just not been able to put it into a human form. gerri: we have a long way to go. the debate is coming up. want to know what you think about it. thank you for coming in tonight. appreciate your time. >> thanks. gerri: make sure you catch the coverage of the first presidential debate in denver hosted by neil cavuto this wednesday starting at 800 p.m. eastern time. also happening today in case you missed it, stocks ended higher following a strikingly strong increase in manufacturing last month. the dow rose 78 points it has been up 161 points, but it gave of that up after a speech this afternoon by th
FOX News
Oct 3, 2012 6:00pm PDT
, it's worth borrowing money from china -- obamacare's on the list. i apologize for that term, mr. president. >> i like it. >> i will stop the subsidy to pbs. i like pbs. i like you, too. but i am not going to spend monothings to borrow money from china to pay for t. number 2, i will take programs that are good programs that if they are run more efficiently at the state level and send them to the state. number 3, i will make government more efficient and cut employees and combine agencies and departments. my cutbacks will be done through atrittion, by the way. this is the approach we have to take to get america to a balanced budget. the president said he would cut the deficit in half. unfortunately, he doubled t. trillion-dollar deficits for the last four years. the president's put in place as much public debt, almost as much as all prior presidents combine. >> jim: mr. president, two minutes. >> when i walked in the oval office. himore than a trillion-dollar deficit greeting me. we know where it came from. two wars that were paid for on a credit card, two tax cuts that were not p
FOX News
Oct 6, 2012 11:00pm PDT
is wrong about obamacare. >> diwith my first statement. but i will go on. >> please, elaborate. >> exactly right. first of all, i like the way we did it in massachusetts. i like the fact that in my state, we had republicans and democrats come together and work together. what i did instead was to push through a plan without a single republican vote. as a matter of fact when massachusetts did something quite extraordinary, elected a republican senator, to stop obamacare, you pushed it through anyway. entirely on a partisan basis, instead of bringing america together and having a discussion on this important top being, you pushed through something that you and nancy pelosi and harry reid thought was the best answer and pushed it through. what we did was work together. 200 legislators, only 2 voted against the plan by the time we were finished. what were some differences? we didn't raise taxes. have you raised them by $twenty one trillion with obamacare. we cannot didn't cut medicare -- of course, we don't have medicare, by $716 billion. we didn't put into place a board to tell people what tre
Oct 6, 2012 7:00pm EDT
, limited and this is true of the basic programs of the welfare state and true of obamacare as the newest addition to the ensemble. this is the living constitution in action, one might say. to the extend that the actual constitution, the written constitution might overrule obamacare it's the written constitution that is unconstitutional. from this point of view. because what is really what the meaning of the living constitution is it's the policy constitution. it's government as we do it now. and trying to turn back the clock on obamacare to repeal obamacare would violate that fundamental law of social development that you can't go back according to liberalism. and that is the real government now is the programs the ensemble of programs in the modern states. obamacare, i think, is the central piece of legislation for the evaluation of president obama's presidency. and undoubtly it marks triumph of liberalism. alone it would qualify obama's face for the mount rushmore. they had been lusting over national health care for 100 years since ted i arey roosevelt called for certainly since the 19
Comedy Central
Oct 9, 2012 11:00pm PDT
't think i would want to take. romney, what are you cutting? anything? >> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >> there are a number of things that i like in health care reform. one is to make sure that those with pre-existing conditions can get coverage. two is to assure that the marketplace allows for individuals to have policies that cover their family up to whatever age they might like. >> jon: so you're repealing obamacare but you're keeping the good parts of health care, social security, and medicare for current seniors and you're going to keep the employment and you're going to cut taxes by 20% and build more submarines and destroyers that the pentagon doesn't want
Oct 3, 2012 11:30pm EDT
so critical is it is worth borrowing china to pay for it? obamacare is on my list. i use the term with all respect. i will get rid of that. i will stop the subsidy to pbs. i like pbs. i like big bird. i cannot keep spending money to borrow from china to pay for it. i will take programs that are good programs but will be run more officially at the state level. -- more efficiently at the state level. i'll make government more efficient and cut back the number of employees and combine some agencies. my cutbacks will be done through attrition. the president said he would cut the deficit in half. he doubled it. trillion-dollar deficits for the last four years. the president has put in place almost as much debt held by the public as all prior presidents combined. >> when i walked into the oval office i had more than a trillion dollar deficit greeting me. we know where it came from. two wars paid for on a credit card, two cuts that are not pay for, programs that were not paid for, a massive economic crisis. despite that, yes, we had to take some emergency measures to make sure we did not
Oct 24, 2012 5:00pm EDT
symptoms, if you start feeling of it might be romnesia but don't worry. obamacare covers pre-existing conditions. we can make you well. as long as you vote, there is a chair. there is a cure. all this speaks to something that is essential to your choice. that is trust. when you choose a president you do not know what is going to come up. when i was running in 2008 we did not know that we would see the financial system completely implode. we did not know that the automobile industry might go under. we did not understand what i happening in terms of an arab spring. you both did of someone who you thought you could trust to work for you every single day. trust matters. i think you have seen over the past four years is that i mean what i say. i do what i say i am going to do. we have not finished everything that we want to get done. that is why i'm running for a second term. every time i set foot in the oval office i am fighting for your families. with your help i kept many of the major commitments. i told you i would in the war in iraq. we ended it. i said we would in the war in
FOX Business
Oct 7, 2012 1:30am EDT
the expiration of the bush tax cuts, there are now obamacare taxes going into place and it's going to kill investments and taxes on dividends go up 20%, long-term capital gains taxes go up 7%, i'm telling you if ne don't work on this, the whole economy is going to come skidding to a halt. >> and ben, the irony of course the debates focused on the economy and this seems like question he number one. >> i'm floored, charles, i'm glad you brought it up. the sequester is probably as bad an idea as ever come out of congress and the white house. the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never asked and acknowledging the question something needs to be done. >> he brought up si
Oct 3, 2012 10:00pm PDT
. >> reporter: onto healthcare, romney returned his recurring theme, calling obamacare a job-killer. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, and spend his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: the president argued that romney must have liked healthcare reform at some point. >> the irony is that we've seen this model work really well. in massachusetts. governor romney did a good thing. >> reporter: then it was onto leadership. romney complied there has been a lack of it in washington with the president at the helm. >> i like the way we did it in massachusetts. in my state, we had republicans and democrats come together. you pushed through a plan without a single republican vote, instead of bringing america together, and having a discussion, you pushed through something that you thought was the best answer. >> reporter: the president indicated that romney may not know what he's getting into. >> he's going to have a busy first day b
Oct 3, 2012 6:00pm PDT
critical it's worth borrowing money from china to pay for it? if not i'll get rid of it. obamacare is on my list-- i apologize mr. president. i use that term with all respect. >> i like it. >> okay, good. i'll get rid of that. sorry, jim i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you too. but i'm not going to keep on spending money on things to borrow money from china to pay for it. that's number one. number two i'll take programs that are currently good programs but i think can be run more efficiently at the state level and send them to the state. number three i'll make government more efficient and cut back the number of employees, combine some agencies and departments. my cutbacks will be done through attrition, by the way. this is the approach we have to take to get america to a balanced budget. the president said he'd cut the deficit in half. unfortunately, he doubled it. trillion-dollar deficits for the last four years. the president's put in place as much public debt -- almost as much debt held by the public as a
Oct 6, 2012 5:30pm EDT
under barack obama that has killed jobs, ranging from obamacare to dodd-frank, to the abuse and enforcement of environmental laws, the ban on the xl pipeline, the enforcement of labor laws -- those policies have killed thousands and thousands of jobs and collectively, we are making it incredibly difficult for small businesses to thrive, much less survive. >> so if you have 65% of spending going to individual payments, what would you do to try to reduce that? >> in order to create more jobs, we have to control the national debt. i think that is what we have to do. i have said it from the beginning. i have given a plan to try to deal with it. this idea that somehow mr. cruz is lecturing us on standing on our own feet, i find incredible. he spent most of your adult life working for the government. you have not created jobs. you have not on your own business. i have. my wife and i own a retail store. we did not have the federal government with their boots on our neck. when george bush was president, we lost 700,000 jobs per month. all these programs were in place at the time. th
Oct 14, 2012 12:00pm PDT
seniors have nothing to worry about, but obamacare saved $643 for seniors last year under the obamacare drug plan. romney says he vows to get rid of obamacare. no specifics on how his plan would deal with that increase. third, romney hasn't said if he would put a cap on these spending plans. a cap would keep cost increases under control. romney is using his own budget plan he introduced to congress. it includes a spending cap, but romney isn't aligning himself with it, and without a spending cap, they can't score that one, ali. >> hard to score, unclear what's going on. kevin, can you shed light on this? can you give some sense to those three questions christine has, what medicare is going to look like for people who receive it in 2016 or sometime after president romney gets elected, if he does? >> absolutely. and it's important to emphasize this is a change to the program that's going to affect us, the people who are talking on the show but not people who are currently retired. i think the basic belief of governor romney and mr. ryan is that if we allow competition between firms for yo
Oct 27, 2012 7:00pm EDT
$716 billkion out of medicare and put into obamacare is good for medicare, it is a trap. >> aarp has said that simply is not true, the $716 billion allegation. what was it? this happened in part under tommy thompson's watch. there were excess of overpayments to private insurance companies managing parts of medicare. we ended those. other savings came from negotiations with providers who in anticipation of the affordable care act said this is something we agreed to. then we went after raced -- waste but no guarantee benefit was altered. preventative care and checking the doughnut hole and the solitude was increased by nearly -- by nearly a decade. >> you want to repeal would you call obamacare. governor, you will need a lot of things to line up for you to do this. you need mitt romney in the white house, and majority in the senate, 60 votes. how will you reveal -- repeal obamacare? >> first off, you do not need 60 votes. because the supreme court said it was attacked. -- it was a tax. it's a budgetary item. all your health insurance proposals will have a tax on the coming up. most of
FOX News
Oct 4, 2012 10:00pm PDT
the final thing is that romney put obamacare back on the map in this election. this election was all about the economy. now it's about the economy and obamacare. and particularly the health care rationing board. i think that was very effective. i think those strategic adjustments are far more important than the good feeling that you have of romney after this debate. >> greta: when should we expect to see the new poll results that reflect the response to the debate? >> yes. they will. have you to remember, rasmussen, the poll thaig think is the most accurate, is a moving five-day sample. so if you will take a week before we have the full post debate polling. but there will be other polls. you will see a big shifting in the polls. joining it's retrievable by obama. i don't think you get a second chance to make a first impression. and i think that romney really scored. i thought when he explained to people that tax cut on the rich would not be on the rich, it was a tax increase on the rich, it was a tax increase on small business employers and they employ 50% of the american workforce. by rai
FOX Business
Oct 3, 2012 6:00pm EDT
tonight. still to come, the candid it's focused on the economy, will obamacare make a return appearance to the forefront? and spent months talking about each other. tonight there will be talking to each other. political guru, this is a preview of the big event coming up next. [ male announcer ] wouldn't it be nice if there was an easier, less expensive option than a traditional lawyer? at legalzoom you get personalized services for your family and your business that's 100% guaranteed. so go to today for personalized, affordable legal protection. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement. angie, the waitress at jack's favorite diner, is also enjoying his retirement. with just a little information, she's opened up a credit line, draining the equity in jack's home. unfortunately, millions of americans just like you learn all it may take is a little mis
FOX Business
Oct 9, 2012 8:00pm EDT
it very clear point of the fact that one of the things that obamacare did take more than $750 billion on medicare. the reason that that is a problem is because now doctors and hospitals and others that we count on for access are indicating that they are not going to be prepared to treat new medicare read medicaid patients. neil: but michael, you and i have chatted about this before. believe me, i could have told you that before the law fully kicks in, if you are asking insurance companies cover pre-existing conditions, to have your kids on the policy, they're going to charge more for that. you may not like it, you might not ultimate, but they will charge you more to the the privilege of including them. i don't know what the shock is on the part of the administration and others to do just that. >> actually, it is not as one of those. it is the combination and the way it was constructed. the whole thing was designed in ways that if you give consumers access to good information and transparency can they make good decisions for themselves. that doesn't mean that we don't need government,
Oct 6, 2012 12:30pm PDT
to be able to balance the additional cost of obamacare is, in my opinion, a mistake. >> if you repeal obamacare, and i have become fond of this term, obamacare, if you repeal it, what happens is, those seniors right away are going to be paying $600 more in prescription care, and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't maaren't making sen healthier, and i don't think that's the right approach. >> question. is at fair rap or a bum rap to charge president obama with cutting $716 billion from medicare? eleanor clift. >> technically, he's right, the president did take $716 billion out of medicare, out of the payments to insurance companies who are creating these medicare advantage plans, and what he used that money for is he put it back into the program. it extends the life of medicare another eight years. it also closes the doughnut hole, partially closes the doughnut hole for seniors on prescription drugs, and seniors now get free preventive care. so seniors have actually benefited from this. the
Oct 4, 2012 6:00pm EDT
medicare to be able to balance the additional cost of obamacare, in my opinion, is a mistake. with regards to young people coming along, i've got proposals to make sure medicare and social security are there for them without any question. >> this is "democracy now!" with the third party president to canada's rocky anderson and jill stein. jim lehrer has just asked about social security and the so- called entitlements. >> i think it is very important to point out that while we hear a very different meritage from barack obama and the democrats that we do from that romney, we have met romney's narrative being usually harsh, scary, selfishness on steroids, and the democratic mayor took in more warm and fuzzy and we're all in this together, let's just wait for things to get better. it is really important to look beyond the talk, to look at the walk, to look at what is actually being proposed. geoffrey sax at the university of columbia has pointed out in his analysis of the budget proposals that both obama and romney-ryan, points out that they are both aiming is essentially for the same targets.
Oct 9, 2012 5:00pm EDT
previously that obamacare, the healthcare tax law would be, quote, great for democrats. well, the seniors i've heard from don't think it's at all great. that over $700 million is being taken out of medicare to pay for the programs. i've heard from so many folks who -- cardiologists gotten out of the cardiology business. he will be a researcher rather than providing those services, so seniors are going to be having, and are already seeing, difficulty in getting access to physicians because of obamacare taking so much money out of medicare and my general view is that healthcare decisions ought to be made by doctors and patients, not government panels up in washington. >> mr. kaine? >> social security and medicare, again, george as a saerns voted for -- senator, voted for a very risky privatization scheme for social security and i can tell you if i'm in the u.s. science, i will fight efforts to privatize social security till my last breath. it would have been a disaster. let's talk about medicare. george suggests i want to take money out of the medicare program. the 700 billion he refers to wa
FOX Business
Oct 3, 2012 9:00pm EDT
for? be if not, i'll get rid of it. obamacare's on my list, i use that term with all respect. obama: i like it. romney okay, good. i'm going to stop the subsidy to bpbs, and i love pbs, love big bird, love you too, but i'm not going to spend money on things to borrow money from china to pay for. that's number one. i'll take good programs that i think would be run more efficiently at the state level and send them to the state. number three, i'll make government more efficient, cut back the firm of employees, combine some agencies and the presidents. my cutbacks would be done through attrition, by the way. this is the approach we have to take to get america to a balanced budget. president said he'd cut the deficit in half. unfortunately, he doubled it. trillion dollar deficits for the last four years. the president's put it in place as much public debt, almost as much debt held by the public as all prior presidents combined. >> moderator: mr. president, two minutes. obama: when i walked into to value office, i had more than a trillion dollar deficit greeting me, and we know where it came
Oct 3, 2012 6:00pm PDT
of cutting $716 billion from medicare to be able to balance the additional cost of obamacare, in my opinion, would be a mistake. with regards to young people coming along, i have proposals to make sure social security and medicare are there for them without any question. >> first of all, it is important for governor romney to present this plan that he says will only affect folks in the future. the essence of the plan is that he would turn medicare into a voucher program. is call premium support but it is understood to be a voucher program. >> and you don't support that. >> i don't, and let me explain why. if your ticket for are people like, you might want to listen -- if you are 54 or 55, you might want to listen. the idea that is going to be presented by congressman run, you are running mate, is that we would get a voucher to seniors, and they could go out and the private marketplace and buy their own health insurance. the problem is that, because the voucher would not necessarily keep up with health care inflation, it was estimated that this was cost the average senior about $6,000 a year
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